Stock market update: Nifty Pharma index advances 0.61% in an upbeat market

NEW DELHI: The Nifty Pharma index traded positive around 10:24AM(IST)on Tuesday in an upbeat market.

Laurus(up 1.76 per cent), Alembic Pharmaceuticals(up 1.59 per cent), Strides Pharma Science(up 1.45 per cent), Cipla(up 1.08 per cent) and Biocon(up 1.08 per cent) were among the top gainers.

Dr Reddys Laboratories(down 0.45 per cent), Ipca Laboratories(down 0.3 per cent), Gland Pharma(down 0.04 per cent) and Pfizer(down 0.01 per cent) were the top losers on the index.

The Nifty Pharma index was up 0.61 per cent at 13198.6 at the time of writing this report.

Benchmark NSE Nifty50 index was up 349.35 points at 17236.7, while the BSE Sensex was up 1172.67 points at 57961.48.

Among the 50 stocks in the Nifty index, 48 were trading in the green, while 2 were in the red.

Shares of Suzlon Energy, IDFC First Bank, Vodafone Idea, YES Bank and Tata Steel were among the most traded shares on the NSE.

Shares of BSL Ltd, Max Ventures Ind, Upsurge Seeds of Agriculture Ltd., LT Foods and Varanium Cloud Ltd. hit their fresh 52-week highs in today's trade, while Mega Flex Plastics Ltd., Kandarp Digi Smart BPO Ltd., Proseed India, Ishan International Ltd. and Hind Nat Glass hit fresh 52-week lows in trade.